Hemp Inc (OTCMKTS:HEMP), a prominent leader in the industrial hemp market reported current material happenings in the industrial hemp world. Bruce Perlowin, the company’s CEO said that the American farmers stand by observing how Hemp cultivation has become a profitable plant for farmers in Asia, Canada and Europe.

The growth

It is the changing time for marijuana and cannabis industry. There is increasing number of states that are considering one or other form of hemp legislation. For several thousand years, different forms of Cannabis have been grown for non-drug functions such as paper, textiles, food, building materials, and soap and high-tech bio-composites.

The buzz

Hemp Inc stated that Medical Marijuana Growers should get ready to see new limits in the Oregon. The legislators are thinking to place new restrictions on the large and unregulated marijuana growers who allegedly serve medical pot patients. Lawmakers intend to shift the large cultivators to the tightly regulated recreational pot market the state intends to create after voters last year supported to legalize the drug.

New store

Hemp Inc (OTCMKTS:HEMP) updated that a hemp store is going to open in Lake George. Visitors to Super Hemp store will get owners Jo Dee Weaver and Karen Kinne keen to inform all about the several uses of the hemp plant.

The products

Hemp Inc stated that the store has bath soaps that leave customers feeling like they have had a 90 minute relaxing massage. There are cotton and hemp blend bathrobes that get softer after regular washes. The more they are washed, the softer they become. While both marijuana and hemp come from the same cannabis group of plants, hemp doesn’t possess the harmful levels of THC found in marijuana. Customers yearn for relief from their pain, from their anxiety and stress, but at lower costs. The whole cannabis industry is abuzz.

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Steve Kanaval: Portfolio Manager/Writer/ Market Analyst Steve began his career in the Trading Pits in Chicago making markets at the Chicago Mercantile Exchange (NYSE:CME) the Chicago Board of Trade and the CBOE in the early 80’s. He ran the Morgan Stanley Derivative Prop Trading for the firm specializing in Index Arbitrage. He continued his career as a Trader/Portfolio Manager for multiple Hedge Funds during the Internet Boom of the 90’s managing large portfolios. Steve is known as an expert in MicroCap Technology Stocks and the emerging Digital Currency markets as a Portfolio Manager for his Family Office. Steve has managed portfolio’s in volatile asset classes for 3 decades as a commodity trader, hedge fund manager and digital currency trader and miner. Steve publishes his views on the asset classes in a public forum and has published more than 10,000 articles simplifying these complex and volatile assets for readers. His work is published on multiple sites including Bloomberg,,, CryptoCurrencyNews as a paid contributor. His work includes research, journalism and archived video on important market volatility related to stocks, digital currency and other volatile misunderstood asset classes. He offers a humorous, unique insight and the related back stories and drivers for readers interested in volatility and emerging market assets. Full disclosure Steve is long 25 digital currencies and sits on the board of multiple public companies involved in digital currencies, and owns shares in these companies from time to time.